Bear Creek Mining Corp. announces it produced 9,304 ounces of gold and 40,893 ounces of silver from the Mercedes Mine during the three months ended June 30, 2024 and has engaged a number of expert consultants to participate in an intensive exploration initiative to identify new exploration targets proximal to the Mercedes operation and elsewhere within the approximately 70,000 hectare Mercedes project. Eric Caba, President and CEO of Bear Creek, states, "As a result of efforts to optimize fundamental mine processes at Mercedes, recent marked improvements in many key metrics including gold grade and development meters continued during Q2 2024. However, as we had forecast in Q1 2024, some operating challenges at Mercedes have continued. Though production from the Marianas deposi...

Surge Copper Corp. is pleased to announce the commencement of field operations for its 2024 work program at its 100%-owned Berg copper-molybdenum-precious metals project located in central British Columbia. Additionally, the Company announces that African Rainbow Minerals Ltd. has exercised in full its rights in respect of the Company's recently completed private placement , and has subscribed for a total of 1,582,353 common shares of the Company at a price of $0.15 per common share for gross proceeds of approximately $237,353 . Highlights of the 2024 Field Program Drilling has commenced at the Berg Project with two drill rigs operating Surface exploration work is being advanced to finalize the scope of the initial drill test of the Berg SW exploration target Th...

Sierra Metals Inc. is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp. . The Company sold the Cusi Mine for US$2.5 million in cash and a 2.0% net smelter royalty in respect of the Cusi Mine granted in favour of Sierra Metals 1. SMC has the right to purchase one-half of the Royalty at any time in exchange for a cash payment to Sierra Metals of US$5.0 million. The sale of Cusi Mine will allow the Company to direct its full efforts and resources to grow its two core assets, the Yauricocha polymetallic mine in Peru and the copper-producing Bolivar mine in Mexico. About Sierra Metals Sierra Metals...

Alamos Gold Inc. has released its annual Environmental, Social, and Governance Report , which outlines the Company's progress on its ESG performance in 2023 across its operations, projects and offices. "During 2023 our Alamos Gold team had the opportunity to reflect on two decades as a Company, and I am proud to say that our dedication to responsible mining has been foundational to achieving one of the best growth profiles in the sector," said President & CEO John McCluskey. "I am proud that the Alamos team is willing to go above and beyond with our sustainability initiatives that will allow us to make progress in both the near and longer term." Alamos' 2023 ESG Report, available at https://esg2023.alamosgold.com, highlights the Company's significant sustainability efforts and...

Drill program to commence immediately after completion of financing Regency Silver Corp. , is pleased to announce that it has arranged, subject to regulatory approval, a non-brokered private placement of up to 16.6 Million Units at a price of CAD$0.15 per Unit for gross proceeds of up to CAD$2.5 Million. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant shall entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.25 per share for a period of two years following the date of issuance. The Warrants will be subject to the right of the Company to accelerate their exercise if the shares of the Company trade at a closing price above $0.50 for 10 consecutive t...

Northisle Copper and Gold Inc. announced that NorthIsle's Board of Directors has approved the issuance of 352,000 stock options to certain directors and employees of Northisle, pursuant to the Company's incentive stock option plan . The Options provide for the purchase of an aggregate of 352,000 common shares of the Company at an exercise price of $0.475 per share, which is the closing price for the Common Shares on the TSX Venture Exchange as of July 18, 2024. All of the Options have a 5 year term and vest one third per year beginning on the issuance date. In addition, the Board of Directors has approved the issuance of 212,000 deferred share units to Eligible Directors, pursuant to the Company's Share Unit Plan . The DSUs will vest on July 18, 2025. Further terms of the Options and DSUs ...

Drill program to commence immediately after completion of financing Regency Silver Corp. , is pleased to announce that it has arranged, subject to regulatory approval, a non-brokered private placement of up to 16.6 Million Units at a price of CAD$0.15 per Unit for gross proceeds of up to CAD$2.5 Million. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant shall entitle the holder to acquire one additional common share in the capital of the Company at a price of $0.25 per share for a period of two years following the date of issuance. The Warrants will be subject to the right of the Company to accelerate their exercise if the shares of the Company trade at a closing price above $0.50 for 10 consecutive t...

EnviroGold Global Ltd. , a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings in an environmentally friendly way, reduce environmental liabilities, and improve social and environmental outcomes, is pleased to announce that it has closed the third tranche of its previously announced non-brokered private placement and issued 10,734,680 units at a price of $0.05 per Unit for aggregate gross proceeds of $536,734. Each Unit consists of one common share and one full warrant exercisable to acquire one Common Share at a price of $0.08 per Common Share for a term expiring on April 30, 2026. Together with the first two tranches of the Financing, the Company has raised aggregate gross proceeds of $1,378,734 after incre...

Sienna Resources Inc. is pleased to announce that it has significantly increased its acreage on the Stonesthrow Gold Project in Saskatchewan now consisting of approximately 18,350 contiguous acres prospective for gold directly bordering Ramp Metals Inc . Ramp announced multiple zones of gold mineralization, including 73.55 grams per tonne gold and 19.50 grams per tonne silver. Ramp has also just announced a strategic investment led by Eric Sprott this week. Sienna Resources' management cautions that past results or discoveries on properties in proximity to Sienna Resources may not necessarily be indicative of the presence of mineralization on the company's properties. Jason Gigliotti, President of Sienna Resources Inc., stated, "We are very pleased to have significantly incre...

Caledonia Mining Corporation plc announces that it received notification on July 17, 2024 from BlackRock, Inc. that on July 16, 2024 it had crossed a threshold for notification of a relevant change . A copy of the notification is below. Enquiries: Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall Tel: +44 1534 679 800 Tel: +44 7817 841 793 Cavendish Capital Markets Limited Adrian Hadden Pearl Kellie Tel: +44 207 397 1965 Tel: +44 131 220 9775 Panmure Liberum Scott Mathieson/Matt Hogg Tel: +44 20 3100 2000 Camarco, Financial PR Gordon Poole Julia Tilley Elfie Kent Tel: +44 20 3757 4980 3PPB Patrick Chidley Paul Durham Tel: +1 917 991 7701 Tel: +1 203 940 2538 Curate Public Relations Debra Tatenda Tel: +263 77802131 IH Securities Limited Lloyd Mlotshwa Tel: +263 74...

Yara reports second-quarter EBITDA excluding special items1 of USD 513 million compared to USD 252 million in second quarter 2023. Net income was USD 3 million compared with a net loss of USD 298 million a year earlier. To strengthen financial performance and improve shareholder returns going forward, Yara is initiating a cost and capex reduction program. Second-quarter 2024 highlights: EBITDA excluding special items1 of 513 MUSD, reflecting improved margins Strong cash conversion with 500 MUSD operating capital release 150 MUSD cost reduction1, 2 and 150 MUSD capex reduction initiated2 Financial position set to improve with cost reductions and tightening nitrogen supply "I'm pleased to see improved results, with higher margins and deliveries in a more stable price environment. However, re...

Rio Tinto today celebrates the shipment of 4 billion tonnes of iron ore from the Pilbara in Western Australia to China. The shipment was loaded at Dampier Port on 19th July, bound for China Baowu Steel Group, the world's top steel producer. This milestone comes 51 years after the first shipment of almost 22,000 tonnes of Pilbara iron ore was sent from Dampier Port to China's Shanghai No.1 Steel Mill, which has since become part of China Baowu. Over more than half a century, China has grown to become Rio Tinto's largest customer with about 250 million tonnes of iron ore shipped each year. Four billion tonnes is enough iron ore to produce the steel needed for about 45,000 Sydney Harbour Bridges, or more than 23,000 Beijing National Stadiums . Rio Tinto partnered with China for t...

Vancouver, B.C. - Troy Minerals Inc. is pleased to announce that further to its news release dated June 19, 2024, it has completed the first tranche of its private placement financing of 1,500,000 flow-through units at a price of $0.28 per FT Unit for gross proceeds of $420,000 . Each FT Unit is comprised of one common share of the Company which qualifies as a "flow-through" share as defined in subsection 66 of the Income Tax Act and one-half of one share purchase warrant of the Company. Each whole warrant is exercisable into one non-flow-through common share of the Company at an exercise price of $0.45 per share for period of two years from the date of issuance. In connection with the Offering, the Company paid a finder's fee of $29,400 and 105,000 finder's fee warrants. Eac...